REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

4 Beds

3 Baths

Save

Est. payment | -/mo

Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision East L

MLS Listing ID X13801422

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $3,738

Tax Year 2025

Property Sub-Type Triplex

Property Description

Licensed for three units and zoning-confirmed by the City of London - this solid brick three-unit property in London's SoHo neighbourhood delivers $48,300 in gross annual income and a 6.68% cap rate on an NOI near $35,729. The building holds a 2-bed front unit at $1,650, a 1-bed main floor rear unit at $1,275, and a bright 1-bed basement unit, currently vacant with $1,100 in rental potential, giving a buyer the chance to set a fresh market rent from day one or owner-occupy and house-hack, living in one unit while the other two help carry the mortgage. The City's building permit records confirm the three-unit configuration meets zoning requirements, and the property carries an active City of London rental licence covering all three units. A recently passed fire inspection, a roof in good condition, and central heating and air conditioning in good working order round out a low-maintenance package. Tenants share side-entrance laundry, a nice backyard, and parking for five vehicles (one at the front and four at the rear). All-inclusive utilities keep ownership simple. A standout addition to any income portfolio!

Location

Province ON

County Middlesex

Area Middlesex

Zoning R2-2

Rooms

Family Room No

Basement Apartment, Partially Finished

Kitchen 3

Interior

Interior Features Carpet Free, In-Law Capability

Cooling Central Air

Exterior

Parking Features Mutual, Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 34.36

Lot Depth 147.92

Total Parking Spaces 4

Building

Building Age 100+

Foundation Block, Brick

Others

Senior Community No

ParcelsYN No

Listed by PRIME REAL ESTATE BROKERAGE

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

7 Marmora ST London East, ON N5Z 1Z4